AAA: Texas, US retail gasoline prices continue upward trend

(Bloomberg photo by Daniel Acker)

COPPELL, Texas (AP) — Retail gasoline prices in Texas and across the country continue to climb upward.

AAA Texas on Thursday reported the average price at the pump statewide rose 6 cents to $2.76 per gallon. Drivers across the U.S. are paying an average $2.96 per gallon, also up 6 cents from a week ago.

The association survey found that drivers in Wichita Falls are paying the least in Texas at $2.65 per gallon, while motorists in Midland are paying the most at $3.06.

Gas prices are up primarily due to expensive crude oil, higher gasoline demand and shrinking global supply.

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The higher gas prices are not expected to curtail automobile travel for the upcoming Memorial Day weekend, with numbers nationally forecast to rise for the fourth straight year.

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